Solana has grow to be a booming matter of dialogue all through the previous few months. The community turned residence to tons of, if not 1000’s, of meme cash, and plenty of are touting it as the higher various to Ethereum.

The explanations are easy – Solana is faster and cheaper. A transaction on Ethereum can price upwards of $100 throughout peak community utilization, whereas the identical swap on Solana would often price lower than a cent.

But it surely doesn’t come with out its points.

Solana’s Community Outages and Congestion

Whereas Solana supporters promote faster transaction instances, elevated throughput, and cheaper prices, those that oppose the community typically level out that it’s extra centralized and fewer safe than Ethereum.

Solana has been shut down on a number of events. For instance, earlier in February, the community went offline for hours earlier than engineers had been in a position to convey it again up.

All through the previous few months, many have additionally been complaining that getting a transaction to cross is just about unimaginable due to how congested the community was on events.

Now, builders have pushed a Mainnet replace that’s designed particularly to resolve these points.

Solana Mainnet Replace Goes Dwell to Resolve Community Congestion

Mainnet replace v1.17.31 went dwell earlier to particularly fight community congestion.

Among the many changelog are factors like:

• Present staked vs. nonstaked packets despatched down/throttled
• Quic: use smallvec to combination chunks, save 1 alloc per packet
• BankingStage Forwarding Filter
• Deal with tremendous low staked as unstaked in streamer QOS
• Tighten the minimal streams per 100ms for staked node

Anza – a Solana developer – has additionally requested validators to improve to the newest patch solely as soon as there’s lower than a 5% delinquent stake.

Solana Value Bounces off Latest Lows

The broader cryptocurrency market crashed all through the weekend, with Solana dipping under $130 earlier on April 14th.

The worth has since bounced and is at present buying and selling at round $154, up 7.5% for the previous 24 hours alone.

The broader market can be recovering, with BTC topping $66K, and ETH surging previous $3.2K. It’s fascinating to see if the uptrend will maintain or if it’s the so-called “useless cat bounce.”